This Week in Startups

$WBD shakeup, streaming earnings, Locket raises $12.5M, Lina Khan/FTC sues Meta | E1526

Aug 5, 2022
The chaos at Warner Bros. Discovery takes center stage, revealing how leadership changes and HBO Max's future are in jeopardy. A deep dive into the merits of streaming versus box office success raises eyebrows about the company's direction. Locket, an intimate social app, secures a hefty $12.5M in funding, sparking conversations on the dynamics of human connections in a tech-driven world. Meanwhile, Lina Khan's FTC lawsuit against Meta adds an intriguing antitrust dimension to the debate about competition in the evolving digital landscape.
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ANECDOTE

Content Shift

  • The perception of the Discovery+ and HBO Max merger is that quality content is being replaced with less appealing shows.
  • Shows like "Snowpiercer" and "Batgirl" are being canceled while shows like "Fixer Upper" are being added.
INSIGHT

Branding Debate

  • The podcast hosts discuss whether the combined streaming service should be branded under HBO or Discovery.
  • They generally agree that HBO has stronger brand recognition and prestige.
ADVICE

DC Leadership

  • Give DC Comics to HBO's creative team for a more serious, focused approach.
  • Alternatively, find a Kevin Feige-like figure to lead DC, ensuring a consistent vision.
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